Published by IMARC Services Private Limited
Posted on September 13, 2021
6 min readLast updated: January 21, 2026
According to IMARC Group latest report titled” India Mobile Payment Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, the market is currently witnessing strong growth. The Mobile Payment Market in India to exhibit moderate growth during the next five years. Mobile payment is a regulated and digital payment method conducted through smart electronic devices, such as smartphones and tablets. Other than these devices, this method enables the consumer to make transactions through payment instruments, like gift cards, mobile wallet, bank account and debit or credit cards. Several financial institutions incorporate mobile payment to offer secure money transfer and convenience to consumers. On account of these features, mobile payments are gaining traction in India.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Get a sample copy of this Report: https://www.imarcgroup.com/india-mobile-payment-market/requestsample
Market Trends:
The India mobile payment market is being primarily driven by the increasing sales of smartphones and countrywide penetration of the internet. Other than this, mobile payment solutions offer a wide range of incentive and loyalty programs, which is driving the growth of the market in India. Moreover, the outbreak of coronavirus disease (COVID-19) has prompted consumers and organizations to switch to cashless payment methods, which is contributing to the market growth. Furthermore, the Government of India has been undertaking initiatives to promote digital payment methods across the country, supporting the market growth further.
Explore full report with table of contents: https://www.imarcgroup.com/india-mobile-payment-market
India Mobile Payment Market Segmentation:
Our report has categorized the market based on region, mode of transaction and application.
Market Breakup by Mode of Transaction:
Market Breakup by Application:
Market Breakup by Region:
Key highlights of the report:
We are updating our research report 2021-2026. If you want to need latest primary and secondary data with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report. We deliver report with-in 24 hours.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact US:
IMARC Group
30 N Gould St Ste R
Sheridan, WY 82801 USA – Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
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According to IMARC Group latest report titled” India Mobile Payment Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, the market is currently witnessing strong growth. The Mobile Payment Market in India to exhibit moderate growth during the next five years. Mobile payment is a regulated and digital payment method conducted through smart electronic devices, such as smartphones and tablets. Other than these devices, this method enables the consumer to make transactions through payment instruments, like gift cards, mobile wallet, bank account and debit or credit cards. Several financial institutions incorporate mobile payment to offer secure money transfer and convenience to consumers. On account of these features, mobile payments are gaining traction in India.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Get a sample copy of this Report: https://www.imarcgroup.com/india-mobile-payment-market/requestsample
Market Trends:
The India mobile payment market is being primarily driven by the increasing sales of smartphones and countrywide penetration of the internet. Other than this, mobile payment solutions offer a wide range of incentive and loyalty programs, which is driving the growth of the market in India. Moreover, the outbreak of coronavirus disease (COVID-19) has prompted consumers and organizations to switch to cashless payment methods, which is contributing to the market growth. Furthermore, the Government of India has been undertaking initiatives to promote digital payment methods across the country, supporting the market growth further.
Explore full report with table of contents: https://www.imarcgroup.com/india-mobile-payment-market
India Mobile Payment Market Segmentation:
Our report has categorized the market based on region, mode of transaction and application.
Market Breakup by Mode of Transaction:
Market Breakup by Application:
Market Breakup by Region:
Key highlights of the report:
We are updating our research report 2021-2026. If you want to need latest primary and secondary data with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report. We deliver report with-in 24 hours.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact US:
IMARC Group
30 N Gould St Ste R
Sheridan, WY 82801 USA – Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
Related Reports:
Adhesive Equipment Market: https://www.imarcgroup.com/adhesive-equipment-market
Organic Coffee Market: https://www.imarcgroup.com/organic-coffee-market
Class D Audio Amplifier Market: https://www.imarcgroup.com/class-d-audio-amplifier-market
Drone-Powered Business Solutions Market: https://www.imarcgroup.com/drone-powered-business-solutions-market
Immunodiagnostics Market: https://www.imarcgroup.com/immunodiagnostics-market
Cumene Market: https://www.imarcgroup.com/cumene-market
Text Analytics Market: https://www.imarcgroup.com/text-analytics-market
Furfural Market: https://www.imarcgroup.com/furfural-market
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